NDM WEEK 20 (ii)

Guardian shake-up could see shift in online paywall strategy 

Guardian News and Media has announced plans to cut annual costs by £53.6m in order to curb its rising losses.As of last year GNM employed 968 “core editorial staff”. The company has not yet revealed how many journalists are to go as part of the planned cost cuts but 20 per cent of the current editorial total would be 194 positions.

• According to The Guardian, GNM is expected to lose more than £50m in the year to the end of March, more than double last year’s total.
• Cut annual costs of £268m by 20 per cent
• 20 per cent of the current editorial total would be 194 positions.

Although the paywall can save 194 individuals jobs, i dont think its a good idea it would just lead to a decline in audiences using free ways to read news. I think the most effective way to save the newspaper industry is if every news distrubitors online all put up a paywall, this would mean that audiences have no choice but to pay the paywall to access news.